The Second Forum for Asian Insolvency Reform (FAIR) took place in Bangkok, Thailand, on 16 - 17 December 2002.
The Forum was organised by the Organisation for Economic Co-operation and Development (OECD), AusAid and the Asian Development Bank, in partnership with the World Bank and the Japanese government. Itwas hosted by the Ministry of Justice of the Kingdom of Thailand.
Materials
Session 3: Proposals for Reform
- Proposals for UK Insolvency Law Reform, Mr. Stephen Adamson, UK
- Proposals for Reform, Mr. Sumant Batra, INSOL, India
- Bankcruptcy Law Reform in China, Prof. Shi Jingxia China
- Insolvency Law Reform in Korea, Professor Soogeun Oh, Ewha Womans University, Korea
- The Financial System & Legal Environment, Mr. Salman Ali Shaikh, Banking Law Reform Committee, Pakistan
- Legislative reform in Rehabilitation and Insolvency Cases, Mr. Oscar Moreno, Chairman, Committee on Economic Affairs, Philippines
- paper
- presentation
Session 5: International Issues Arising in Informal Workouts
- Cross Border Insolvency Issues in Hong Kong, Mr. Alan Tang, Partner, Grant Thornton, Hong Kong
- Cross Border Insolvency in China, Ms. Professor Shi Jingxia, Bankruptcy Law Drafting Committee, China
- Cross Border Insolvency and Informal Workouts, Mr. Lawrence Liu, Attorney-at-Law, Lee and Li, Chinese Taipei
- Conflicts of Law Issues in Cross Border Workouts, Dr. Manfred Balz, Senior Executive Vice President, Deutsche Telekom AG, Germany
- The European Union approach to Cross Border Insolvencies, Mr. Sijmen de Ranitz, INSOL, Netherlands
- A US Perspective on Cross Border Workouts, Mr. George Kelakos, American Bankruptcy Institute, USA
- paper
- presentation
Session 6: The Techniques, Development, Benefits and Dangers of Informal Workouts. Are Workouts Working?
- Bad Assets of Banks and Corportae Rescue in China, Mr. Professor Wang Weiguo, Professor, Chung Chun Approach, China
- Informal Workouts in Indonesia, JITF Incentive and Sanction System, Mr. Bacelius Ruru, Chief Executive Officer, Jakarta Initiative Task Force,Indonesia
- Informal Workouts in Indonesia, Mr. Samuel Tobing, Chief Operating Officer, Jakarta Initiative Task Force, Indonesia
- Corporate Workouts in Korea, Mr. Dongsoo Kang, Research Fellow, Korea Development Institute, Korea
- Informal Work Outs for Corporate Debt Restructuring in Thailand, Mr. Tumnong Dasri, Director, Bank of Thailand, Thailand
- Techniques used in Informal Workouts, Mr. Peter Warbanoff, Senior Vice President, Standard Chartered Bank, Thailand
- Informal Workouts - Out of Court Restructuring, Mr. Terry Bond, INSOL, UK
- Lessons from Out of Court Debt Restructurings in Post-Crisis Asia, Mr. Timothy B. De Sieno, Bingham McCutchen LLP, Singapore
Session 7 : Bulk Sale of Non-Performing Loans and Assets, the Role of Asset Management Companies, RTC Type Bodies and Restructuring Funds, Special Purpose Vehicles and Securitisation
- A US Perspective on Cross Border Informal Workouts, Mr. Morgan Kelly, Account Director, Deloitte Touche Tohmatsu, Australia
- AMCs and NPL Activity in China, Mr. Michael Harris, Partner, PricewaterhouseCoopers, China
- The Chinese Taipei Experience, Mr. Philip Chen, Partner, Deloitte Touche Tohmatsu, Chinese Taipei
- Non-Performing Loans, Clean up and RTC Mechanism - Taiwan Experience, Ms. Jean Chui, Assistant Director General, Ministry of Finance Bureau of Monetary Affairs, Chinese Taipei
- KAMCO's Experience, Mr. Yong Ho Oh, Executive Director, Korea Asset Management Corporation, Korea
- paper
- presentation
- The Special Asset Management Companies Act of 2002 Mr. Francis Lim, ACCRA Law, Philippines
Session 8: Thailand Review: An Assessment of the Thai Insolvency System